Page 36 - Simandou News Today

Diamond magnates appeal of Swiss bribery verdict opens

French-Israeli diamond magnate Beny Steinmetz will be back in court in Switzerland on Monday to appeal against a corruption verdict linked to mining rights in

The case in Geneva is linked to Beny Steinmetz’s firm’s bid to reap lavish iron ore resources in the west African country of Guinea.

Lawyers for Israeli diamond magnate Beny Steinmetz have urged an appeals court to throw out testimony from a former first lady of Guinea that contributed to his conviction for corruption over the secret payment of millions by his firm to win coveted iron-ore contracts in the west African country

Steinmetz, 66, was convicted in January 2021 of bribing public officials in Guinea to secure the concession for the vast Simandou iron ore project.

French-Israeli diamond magnate Beny Steinmetz will be back in court in Switzerland on Monday to appeal against a corruption verdict linked to mining rights in Guinea.

Beny Steinmetz appeals a five-year prison term and $51.5m fine over bribing public officials in Guinea.

Beny Steinmetz is appealing against his conviction for corruption and forgery over his pursuit of iron ore deposits in Africa.

Israeli mining magnate Beny Steinmetz appeared in a Geneva court on Monday to appeal against a conviction for corruption and forgery over his pursuit of iron ore deposits in Africa. ...

Israeli tycoon appeals corruption conviction in Swiss court | 2022-08-29 17:08:58